First Horizon Advisors Inc. Buys New Stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW)

First Horizon Advisors Inc. bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,813 shares of the company’s stock, valued at approximately $58,000.

Separately, PSI Advisors LLC purchased a new position in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF during the 4th quarter worth $48,000.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Price Performance

HYGW stock opened at $31.77 on Friday. The business’s 50 day moving average price is $31.84 and its two-hundred day moving average price is $32.28.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares.